Please note that the laws conveyed are the views of the authorities cited in each post, but other authorities may disagree. Please check with your halachic authority.

All points of view are welcome in this forum, if expressed civilly. For personal manifestos, please start your own blog.

Thursday, October 17, 2013

Lending to an untrustworthy person

Hi,

One who is approached for a loan, and who knows that the borrower is likely to squander the money and default, should either not lend, or lend money with a collateral. However, one may lend money to a pauper with intent to forgive the loan and let it be tzedakah.